545,801 Shares in Freedom 100 Emerging Markets ETF $FRDM Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC acquired a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 545,801 shares of the company’s stock, valued at approximately $38,184,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. StrongBox Wealth LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter worth $26,000. CoreCap Advisors LLC purchased a new position in Freedom 100 Emerging Markets ETF in the third quarter valued at $28,000. Capital Analysts LLC purchased a new position in Freedom 100 Emerging Markets ETF in the second quarter valued at $32,000. Root Financial Partners LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at $35,000. Finally, Abound Wealth Management acquired a new stake in Freedom 100 Emerging Markets ETF in the second quarter valued at $36,000.

Freedom 100 Emerging Markets ETF Stock Up 2.0%

Freedom 100 Emerging Markets ETF stock traded up $1.15 during midday trading on Friday, reaching $58.97. The company’s stock had a trading volume of 524,238 shares, compared to its average volume of 391,799. The company has a market cap of $1.74 billion, a P/E ratio of 12.68 and a beta of 0.94. The business has a 50-day simple moving average of $67.74 and a 200-day simple moving average of $64.98. Freedom 100 Emerging Markets ETF has a fifty-two week low of $45.41 and a fifty-two week high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a $0.2934 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, September 28th. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302.

Freedom 100 Emerging Markets ETF Profile

The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.